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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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All That Zas: Warner Bros. Discovery CEO’s Tough Tactics Have Many Partners Zigging

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variety.com

Warner Bros. Discovery was riding high on the pop-culture tsunami that was “Barbie.” In recent days, it’s become clear that the pink glow from that box office juggernaut has long since faded.

Since the start of the year, WBD has been enmeshed in big public battles seemingly of its own making. It has gone to legal war with the NBA.

It keeps drawing a hard line with Madison Avenue on upfront ad sales pricing in an era when such tactics are not well received.

The reporters at WBD-owned CNN are demoralized. And in the months to come, the company is steeling itself for frosty negotiations with MVPDs that will no doubt push back on audience declines at its cable networks, the likely loss of the NBA and decisions that put good chunks of the company’s linear programming on Max.

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